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$435,000

For Sale - Active
3212 Cork Rd, Plant City, FL 33565
4 Beds
3 Baths
2,160 Square Feet
0.53 Acres Lot
Built in 1952
For Sale - Active
1 Units
Checked: 14 hours ago
Updated: Jul 13, 2025 at 04:55AM

Investment Summary


Monthly Cash Flow
-$1,223
Cap Rate
2.8%
Cash-on-Cash Return
-14.7%
Debt Coverage Ratio
0.45
Internal Rate of Return (5 years)
-10.2%

Property Description


0.53 Acres Lot
Built in 1952
For Sale - Active
1 Units

This beautifully remodeled four bedroom, three bathroom home offers a perfect blend of space, privacy, and functionally. Featuring spacious open and split floor plan with two en suite, it’s designed for comfortable living and flexible use. The wide open kitchen is an entertainers dream with plenty of room to gather, cook, and create memories. Situated on over half an acre in the desirable cork community, this home offers the peace of country living while still being close to everything. Plus, enjoy two detached rollup work sheds and storage closet, ideal for hobbies, storage, or small business needs. Please call for your personal tour today!

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Location


Property Details


Parking

  • Description: Driveway, RV Parking, Workshop in Garage
  • Details: Oversized, RV Access/Parking
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Concrete Block
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: U142821ZZZ000003570100
  • Lot Size: 23087 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1952

Tax Information

  • Annual Tax: $4,504

Utilities

  • Water & Sewer: Private, Well
  • Heating: Central, Heat Pump
  • Cooling: Central Air

Location

  • County: Hillsborough

Listing Details


Listed by:
Stephanie Eisenbach
LPT REALTY, LLC
(813) 468-0230

Source:
Stellar MLS
MLS#: TB8398445
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,223
Cap Rate
2.8%
Cash-on-Cash Return
-14.7%
Debt Coverage Ratio
0.45
Internal Rate of Return (5 years)
-10.2%

Purchase Details

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Purchase price:
$435,000
Amount financed:
-$348,000
Down payment:
$87,000
Closing costs:
$13,050
Rehab costs:
$0
Initial cash invested:
$100,050
Square feet:
2,160
Cost per square foot:
$201
Monthly rent per square foot:
$0.93

Financing Details

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Loan amount:
$348,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,228
Property tax:
$375
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,743

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (19%)
19%-$375-$4,504
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (44%)
44%-$875-$10,504

Cash Flow


Monthly Yearly
Net operating income:
$1,005 $12,060
Mortgage payments:
-$2,228 -$26,736
Cash flow:
$1,223 $14,676